Listing provided courtesy of Terri Leivas of Terri Leivas, Broker. Last updated 2020-09-15 09:02:01.000000. Listing information © 2020 Client MLS.
Asking Price: $995,000
7816-7818 Mount Vernon St, Lemon Grove CA 91945
Community: Lemon Grove
This Detached property was built in 1951 and is priced at $995,000. Please see the additional details below.
- 1,800 Sq Ft
- 4 bathrooms
- 6 bedrooms
- MLS#: 200040632
- Type: Detached
- Year Built: 1951
This is TWO detached homes on ONE lot. One is a 4 bedroom, 2 bath, approx. 1800 sq ft the other is a BRAND new 2 bedroom, 2 bath, approx. 900 sq ft. Currently producing 5500 a month in income, which is approximately a 5% cap rate. Excellent condition, fenced corner lot. All brand new, built from the ground up 2 bedroom home, adjacent to the 4 bedroom home. Use as rental income property or, purchase, live in one and lease out the other one. Main house leased for 3300, 2 bedroom home leased for 2200.
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